Non-institutional foreign ownership ex-Aramco up at 10.88%

GCC investors' ownership in Saudi equities, excluding Aramco, increased from 2.41% to 2.43% of the total market cap.

Non-institutional foreign investors increased their ownership in Tadawul-listed equities, excluding Saudi Aramco, from 10.87% to 10.88%, or SAR 333.73 billion, in the week ended Jan. 1, market data showed.

The ownership of non-institutional foreign investors is represented by swap holders, residents, and qualified foreign investors (QFIs).

GCC investors' ownership in Saudi equities, excluding Saudi Aramco, increased from 2.41% to 2.43% (SAR 74.5 billion) of the total market cap.

Foreign investors’ ownership in Saudi equities, including strategic partners and excluding Saudi Aramco, decreased from 12.34% to 12.37% (SAR 379.53 billion) of the total.

Meanwhile, institutional foreign investors, excluding Saudi Aramco, accounted for 1.49% (SAR 45.8 billion) of the total foreign ownership in the Saudi market, according to Argaam’s data.